Standard Bank helps Maziv restructure and increase its debt package to R25 billion

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Vumatel owner in R25-billion debt deal — South Africa's biggest of 2023

Vumatel and DFA owner Maziv has refinanced and increased its debt package to R25 billion, in what Standard Bank says is the largest debt transaction of the year so far.

“This comes after Standard Bank was appointed as joint mandated lead arranger and bookrunner to refinance and upsize Maziv’s debt package of R25 billion, which is the largest syndication in the telecoms sector,” Standard Bank stated.
 
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